2019 Energy, Resources, and Industrials Industry Outlooks Bookmark has been added
2019 Energy, Resources, and Industrials Industry Outlooks
Annual perspectives on sector trends
To help think about what is important in the energy and industrials landscape, Deloitte’s Energy, Resources & Industrials industry leaders give their unique and individual perspectives on what to watch out for in 2019, for all segments of the Oil, Gas & Chemicals; Power & Utilities; and Industrial Products & Construction sectors. The annual release of these outlooks is timed to give food for thought as we go into a new year.
Transformation, continuity, or uncertainty? Finding balance in 2019.
Forces of transformation in energy and industrials seem to make the headlines with increasing frequency. Whether it is the digital revolution, big data, advanced analytics, and robotics; the rise of customer empowerment; the ever-accelerating supply chain integration; or the growing focus on sustainability and the reduction of carbon footprints of energy and industrial operations. Sometimes it seems like the rate of change is getting faster each year. How will companies in oil and gas, chemicals, electric power and utilities, and manufacturing stay ahead of the game and build sustainable competitive advantage in a transforming world?
And while transforming businesses to be fit for the future, companies and their executives still need to deliver results in the here and now. Oil and gas price volatility requires companies in this sector to continue to closely manage costs and focus their portfolios. And chemicals companies need to maintain vigilance on feedstock costs and supplies. In the manufacturing sector, strong demand, high capacity utilization, and positive returns in 2018 have been welcome. But they should not be allowed to lead to a loss of attention on costs, operating efficiencies, customer needs, and, perhaps most importantly, developing and deploying a new generation of talent with skills for the 21st century.
If that was not enough to contend with, uncertainty in the business environment seems to be at a higher level than in recent years. Can a long period of economic growth be sustained, or are we due for a slowdown—with its inevitable impact on demand, industrial activity, and the need for energy? Will tariffs and trade tensions change the terms of trade, disrupt supply chains, and add to the cost of doing business? And how far will customer and societal aspirations for a cleaner, more sustainable world drive new practices across all sectors of the economy?
Explore each of the annual energy, resources, and industrials outlooks from the perspective of Deloitte's industry leaders addressing what to watch out for in 2019:
In today’s rapidly evolving marketplace environment, key business issues are converging with impacts felt across multiple industry sectors. What are the key trends, challenges, and opportunities that may affect your business and influence your strategy? Look for more perspectives and insights from some of Deloitte’s forward thinkers.
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